The Impact of Value Stream Mapping: Organizations and Processes

The most successful way to look at unneeded business processes and their costs to the business is through a Value Stream Mapping (VSM) project. VSM provides a clear view of how various business processes are related to each other and assesses the need for those processes and how efficient they really are.

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• Reduce working capital by approximately $15M
• Lower yearly costs by nearly $2.5M
• Reduce lead times from forecast to delivery to 70-110 days putting them in the top quartile of their customer’s vendors.

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Purchasing Best Practices were important to two supply chain optimization projects we recently completed for a University and a $400M manufacturer of consumer products. All companies purchase goods and services and have various organization structures, business processes and technology backbones for handling it.  In both projects, these were significantly different from each other. Irrespective …Read More

February 11, 2019 – (Upland, CA) – Group50, a privately-held, full-service supply chain consultancy founded in 2004 is pleased to recap its 2018 results and announce the addition of Lara Abrams to its team of executives.  …Read More

Most organizations do Leadership Succession Planning at some level of effectiveness. Very little has been written about the need for incorporating technology succession planning and while technology leadership is part of the standard succession planning model, little is done about succession planning and skills development for subject matter experts, their supporting teams and successive upgrades and new technologies. Teams …Read More

In Part V of the series on Driving Continuous Improvement, we discuss the importance of utilizing the right combination of continuous improvement tools and data. This is where the rubber meets the road. Once you have your program aligned with your business strategy and …Read More

Many people believe that continuous improvement is a culture.  It certainly is in the eyes of the Japanese and many others, but is continuous improvement really a culture or something else? …Read More

The Internet of Everything: 8.4 billion and $2 trillion!  Those are the estimated number of connected ‘things’ on the internet and the amount spent on these devices and services by the end of 2017, according to a Gartner study.  The number of connected things is expected to …Read More

Introduction:

The impact of both the 2009 ARRA-HITECH Act, HIPAA and the federal healthcare reform legislation is felt throughout the industry. Healthcare organizations are challenged by managing the cost providing quality care but recognize implementing EMR is a must have. Both are needed and implementation can be a drain …Read More